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  • FIRST POST
    • Former MSE Wendy
    • By Former MSE Wendy 17th Jul 08, 11:11 AM
    • 868Posts
    • 1,782Thanks
    Former MSE Wendy
    Childcare Costs discussion
    • #1
    • 17th Jul 08, 11:11 AM
    Childcare Costs discussion 17th Jul 08 at 11:11 AM



    This thread is specifically to discuss the content of the new

    Childcare Costs article

    To discuss or ask a question about this article: click reply
    Last edited by MSE Researcher; 15-06-2010 at 2:33 PM.
Page 9
    • mrsrolfie
    • By mrsrolfie 16th Mar 17, 1:53 PM
    • 20 Posts
    • 65 Thanks
    mrsrolfie
    Claiming NI credits for grandparents
    Has anyone completed the form CA9176 to transfer NI credits to a grandparent/completed it as a grandparent? TIA
    • wedgefish
    • By wedgefish 17th Apr 17, 2:34 PM
    • 2 Posts
    • 0 Thanks
    wedgefish
    Childcare Element of working tax credits & NEW Tax free childcare
    I am a single Parent to Three young Children, My annual salary is £25,000 and I am currently paying a registered childminder £120 a week each to look after my children full time while I am at work. (£360 total a week)

    I am currently using childcare vouchers which equate to £55 a week of the £360 bill, the remaining amount is subsidized though the childcare element of working Tax credits and my own expense.

    My question is this new tax free childcare that is starting in April, will it have any effect on the childcare element of the working Tax credits?

    regards David
    • rpc
    • By rpc 19th Apr 17, 12:44 PM
    • 2,255 Posts
    • 3,442 Thanks
    rpc
    Yes it will affect it. You will lose it.

    You cannot claim any tax credits (or universal credit) while also claiming tax free childcare. It's part of the rules of the new scheme.

    In general, claiming tax credits and vouchers is not a good idea because you gain less in vouchers than you lose in tax credits. I think, though, that you may be in the situation we were once in where your childcare costs are above the maximum allowance and so the vouchers have no impact on your entitlement.
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